iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) (XSMH.TO) TSX
Currency In CAD
AD
- General
- Statistics
- Historical Data
- Profile
- Financials
AD
Currency In CAD
Address
BCE Place
Toronto, ON M5J 2S1
Canada
Phone
1-866-474-2737
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
September 12, 2019
The fund delivers one of the strongest offerings in the US small-cap segment. It tracks the S&P Small Cap 600 Index Hedged to CAD - a broad basket of US small-cap stocks containing the 901st through the 1500th securities pulled from the S&P Total Market Index hedged to the Canadian dollar. With its fixed 600 constituents, the fund provides a purer exposure to small-caps as it excludes most midcap securities. Selected securities are weighted by market-cap and rebalanced quarterly. Overall, XSMH captures the US small-cap space well and favors investors seeking exposure to the long-term growth of smaller companies while employing a currency hedging strategy with respect to the US dollar.